A noncompete agreement is a provision in an employment contract that prevents a former employee from working for an organization that competes with their former employer. The agreements last for a specific period, across a specific geographic area, and/or in a particular market. To ma...
2024年4月23日,美国联邦贸易委员会(Federal Trade Commission,简称FTC)发布了一项禁止竞业限制协议的规则(Non-Compete Clause Rule),由于FTC去年发布了该规则的草案,所以此次发布的规则也被称为“the final rule”(最终规则)。该规则认为竞业限制协议是一种不公平的竞争方式,违反了《联邦贸易委员会法案》第5条、第6...
【内容摘要】德克萨斯州的一家联邦法院发布了一项初步禁令,部分阻止了联邦贸易委员会 (FTC) 对竞业禁止协议的禁令,该禁令将于 2024 年 9 月 4 日生效。 A federal court in Texas has issued a preliminary injunction partially block...
Unless there is congressional action, non-compete rules will now vary from state to state; IT workers are back to precisely where they were a few months ago. Credit: Konstantin L / Shutterstock In a highly-anticipated federal ruling on July 3, US District Court Judge Ada Brown determined ...
after taking the job when his child care fell through. Months later, he took a job as a security guard at a bank, making nearly $15 an hour. But the bank terminated his employment after receiving a letter from the man's prior employer stating he had signed a two-year noncompete. ...
On April 23, 2024, the FTC announced its Final Non-Compete Clause Rule (“Final Rule”), which bans post-employment non-compete clauses between employers and their workers. The Final Rule becomes effective 120 days after being published in the Federal Register (Effective Date).[1] As of th...
Exception 1: Senior executives with existing noncompetes The final rule does not apply to “senior executives” who entered into a noncompete clause before the effective date of the final rule; however, employers are prohibited from entering into new noncompetes with senior executives aft...
In subsection I(c) of Section V, the FTC states that the “[r]ule would apply only to non-compete clauses between employers and workers.” For this purpose, an “employer” would include any “person” that hires or contracts with a worker to work for the per...
A Texas judge “set aside” the Federal Trade Commission’s (FTC’s) proposed ban on most non-compete agreements (the “Rule”) on August 20, 2024. It is likely thatthis federal district court judge’s orderwill have nationwide effect, not merely in the Northern District of Texas. The ...
On August 20, U.S. District Judge Ada Brown granted summary judgment against the FTC in a suit brought by a tax company and the U.S. Chamber of Commerce, ruling that the non-compete ban exceeded the FTC’s statutory authority. InRyan LLC, et al. v. Federal Trade Commission, the FTC...